1200 S Flagler Drive 705, West Palm Beach, FL 33401 — MLS photo

Get More Info About This Property

1200 S Flagler Drive 705, West Palm Beach, FL 33401

Active · Condominium

$1,950,000

1200 S Flagler Drive 705, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
1,247 sq ft
$ / sq ft
$1,564/sq ft
Year built
1972
Lot size
—
HOA fee
$1,604
Annual tax
—

About this property

Beautifully renovated waterfront residence with unobstructed southern views over the Intracoastal. The expansive double living area was opened to maximize scale and fully capture the water views, creating a striking main living space. Custom millwork defines the interiors, including concealed trompe-l'œil doors and integrated vents for a seamless, refined finish. Rich wood flooring adds warmth and depth throughout the main living areas. The kitchen is fully renovated with custom cabinetry and a clean, functional layout. The primary suite features custom built-ins, a walk-in closet, and a well-appointed ensuite bathroom. The second bathroom offers a flexible layout with a formal powder room that connects to a separate bathing area with a tub positioned behind an additional door. This residence has impact windows and doors throughout. Additionally, there is a separate closet dedicated to the in-unit washer and dryer. The original footprint can be easily restored, with existing access already in place to convert back to a true two-bedroom, two-bath layout.

Property location

Get Directions

1200 S Flagler Drive 705, West Palm Beach, FL 33401

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,247 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,604
County
Palm Beach
MLS listing ID
B26023956
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$8,227

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.1%
Gross yield
4.7%
Mortgage payment
$9,244/mo
Down payment
$487,500
Loan amount
$1,462,500
Annual NOI
$12,208

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.